I need Assistance in prepairing the Amortization Schedule, given the information below.

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Kingbird Leasing Company signs an agreement on January 1, 2020, to lease equipment to Cole Company. The following information relates to this agreement. 1. The term of the non-cancelable lease is 6 years with no renewal option. The equipment has an estimated economic life of 6 years. 2. The cost of the asset to the lessor is $240,000. The fair value of the asset at lanuary 1, 2020, is $240,000. 3. The asset will revert to the lessor at the end of the lease term, at which time the asset is expected to have a residual value of $24,323, none of which is guaranteed 4. The agreement requires equal annual rental payments, beginning on January 1, 2020 . 5. Collectibility of the lease payments by Kingbird is probable. Assuming the lessor desires a 11% rate of return on its imvestment, calculate the amount of the annual rental payment required. (For calculation purposes, use 5 decimal places as displayed in the factor table provided and the final answer to 0 decimal ploces e.8. 5.275.) Amount of the annual rental payment Prepare an amortization schedule that is suitable for the lessor for the lease term. (Round answers to 0 decimal places eg. 5.275.) 1/1/20 1/1/20 48,339 $ 240,000 1/1/21 48.339 0 48,339 191,661 1/1/22 48,339 21083 27,256 164,405 1/1/23 48,339 1/1/24 48,339 1/1/25 48,339 18,085 \begin{tabular}{|r|} \hline 191,661 \\ \hline 164,405 \\ \hline \end{tabular} 48,339 18,085 48,339 12/31/25